Hwatsing Technology (SH:688120) Ge Long Hui A P P·2026-02-27 10:36Core Viewpoint - Huahai Qingshi (688120.SH) reported strong financial performance for the fiscal year 2025, driven by robust demand in the semiconductor market and increased R&D investment [1] Financial Performance - The company achieved total operating revenue of 4.648 billion yuan, representing a year-on-year increase of 36.46% [1] - The total profit reached 1.2 billion yuan, up 7.27% year-on-year [1] - Net profit attributable to shareholders of the parent company was 1.086 billion yuan, reflecting a year-on-year growth of 6.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 966 million yuan, with a year-on-year increase of 12.90% [1] Factors Influencing Performance - Strong demand in the semiconductor market significantly impacted operational performance [1] - The company has continuously increased R&D investment, leading to improvements in product technology and performance [1] - Huahai Qingshi maintained a competitive advantage in CMP equipment, with good validation of ion implantation and grinding equipment, and a rapid increase in shipment volumes [1] - The platform development strategy has been further strengthened, meeting diverse customer needs and enhancing market recognition [1] - The company achieved significant success in expanding new customers and developing new markets, which provided strong support for revenue growth [1]